I cant see Bannerman ( basicaly us...the shareholders ) buying out the 20% stake.
I think they will unload it to a bigger company like your Areva or someone similar. I do agree though, that if the partners of the 20% are holding out for more than what it was worth during the u bubble...it might not happen.
Of course as Tibbs points out, we would all love it IF that did happen because the sp would respond accordingly.
Ive resigned to the fact that I dont think much will happen until..
a) that dam mining licence is approved! which is taking forever.
b) the revised ESIA submition is approved
c) BFS
Is it Widerange + the shares that CJ own total 20%??
Because Widerange only hold 6.49%
20% of the exisiting shares on issue ( 234,435,934 ) if the comapany offered tham say...$2/share..that's $93Mil it would cost us! ( If my maths is correct )
Sounds expensive even at $2.
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I cant see Bannerman ( basicaly us...the shareholders ) buying...
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Last
$3.35 |
Change
0.020(0.60%) |
Mkt cap ! $599.1M |
Open | High | Low | Value | Volume |
$3.34 | $3.42 | $3.31 | $3.519M | 1.046M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3126 | $3.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.37 | 85 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3126 | 3.320 |
2 | 8027 | 3.310 |
3 | 8731 | 3.300 |
1 | 3126 | 3.290 |
1 | 20000 | 3.240 |
Price($) | Vol. | No. |
---|---|---|
3.370 | 85 | 1 |
3.380 | 1537 | 1 |
3.390 | 21606 | 2 |
3.400 | 8626 | 2 |
3.410 | 3126 | 1 |
Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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